Analyzes

USD/JPY dipped sharply but remains in a bullish structure, with key support zones near 150 offering potential buy-on-dip opportunities within a broader uptrend.

The Australian Dollar has gained some ground despite Australian unemployment rising to a new 4-year high.

EUR/USD touched its highest level in over a week above 1.1670 early Thursday before retreating to the 1.1650 area. The pair’s technical outlook suggests that the bullish bias remains intact but technical buyers could turn hesitant unless EUR/USD confirms 1.1650 as support.

The GBP/USD pair gains positive traction for the second successive day on Thursday and recovers further from its lowest level since early August, around the 1.3250-1.3245 region touched earlier this week.

Gold maintains its record-setting advance early Thursday, after having settled Wednesday above the $4,200 threshold.

EUR/USD extended its recovery on Wednesday, climbing back above 1.1600 and notching a second straight day of gains.